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Investment Fund Hits Gilbride Tusa With $85M Negligence Suit

By Pete Brush ( October 17, 2014, 2:06 PM EDT) -- Genesis Merchant Partners LP, a fund seeking security interests on a mortgage and in a portfolio of 23 life insurance policies, hit Gilbride Tusa Last & Spellane LLC with a negligence and breach of contract suit in Manhattan on Wednesday, claiming the firm was "completely oblivious" to the process and cost the fund some $85 million....

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